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-- It was an historic day for Reynolds American Inc., acquiring the third-largest tobacco company in the United States, its close competitor, Lorillard Inc
Why not, thought Joe Iconis
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Figure 5 CDTFA Reduced the Tax Rate on Other Tobacco Products When It Excluded the Sales of Discount and DeepDiscount Cigarettes Source: CDTFAs fiscal year 201819 other tobacco products tax calculation, CDTFA tobacco sales data, average manufacturer prices reported by the Merchants Association, number of cigarettes sold by brand reported by Euromonitor International, and auditor analysis